FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Hurst Andrew

2. Date of Event Requiring Statement (MM/DD/YYYY)
10/19/2015 

3. Issuer Name and Ticker or Trading Symbol

CAREER EDUCATION CORP [CECO]

(Last)        (First)        (Middle)

CAREER EDUCATION CORPORTION, 231 N. MARTINGALE ROAD

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
SVP /

(Street)

SCHAUMBURG, IL 60173       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   25758   (1) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock-Option (Right to Buy)     (2) 5/12/2024   Common Stock   22806   $5.00   D    
Non-Qualified Stock-Option (Right to Buy)     (3) 3/6/2025   Common Stock   23704   $5.90   D    
Cash-Settled RSU     (4) 6/14/2018   Common Stock   10977     (5) D    
Cash-Settled RSU     (6) 3/14/2019   Common Stock   4460     (5) D    
Stock-Settled RSU     (4) 6/14/2018   Common Stock   13593     (7) D    

Explanation of Responses:
( 1)  Includes 15,437 restricted stock units ("RSUs") granted pursuant to the Career Education Corporation 2008 Incentive Compensation Plan, with each unit representing a contingent right to receive one share of Issuer's common stock.
( 2)  One-fourth of the award became exercisable on June 14, 2015; the remainder becomes exercisable in three equal annual installments on each of June 14, 2016, 2017 and 2018.
( 3)  Exercisable in four equal annual installments on each of March 14, 2016, 2017, 2018 and 2019.
( 4)  Vest in three equal annual installments on each of June 14, 2016, 2017 and 2018.
( 5)  Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock.
( 6)  Vest in four equal annual installments on each of March 14, 2016, 2017, 2018 and 2019.
( 7)  Each stock-settled RSU represents a contingent right to receive one share of Issuer's common stock; however, in the event of an involuntary termination of employment by the Company (other than for cause), any unvested stock-settled RSUs will be settled in cash based on the preceding 30-day average closing price of Issuer's common stock.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Hurst Andrew
CAREER EDUCATION CORPORTION
231 N. MARTINGALE ROAD
SCHAUMBURG, IL 60173


SVP

Signatures
Gail B. Rago as Power of Attorney for: Andrew H. Hurst 10/28/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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